Rates as of 05:00 GMT Market Recap JPY weakness continued to be a focus of the market as USD/JPY hit the highest it’s been since March…
Rates as of 05:00 GMT Market Recap Not much movement in the currencies since Friday morning. The standout feature, such as it is, is the further…
Rates as of 05:00 GMT Market Recap GBP was far and away the best-performing currency, as you can see from the chart. No clear trigger that…
Rates as of 05:00 GMT Market Recap Yesterday was “mean reversion day” as the market largely reversed Tuesday’s movements. JPY which had been the #1 gainer…
Rates as of 05:00 GMT Market Recap A fairly typical “risk-off” day, with the commodity currencies losing ground and JPY & USD gaining. The anomalies were…
Rates as of 05:00 GMT Market Recap Rather modest movements in the currency market since Friday morning. The biggest move was in the Turkish lira (TRY),…
Rates as of 05:00 GMT Market Recap The two central bank meetings over the last 24 hours were not the main thing pushing the FX market.…
Rates as of 05:00 GMT Market Recap Yesterday’s meeting of the Federal Open Market Committee (FOMC), the rate-setting body of the US central bank, clarified how…
Rates as of 05:00 GMT Market Recap A relatively calm day ahead of today’s Federal Open Market Committee (FOMC) meeting. Stocks in the US were little…
I expect the meeting of the rate-setting Federal Open Market Committee (FOMC) to be pretty routine. I don’t expect much if any change in the statement…
